Weekend Gold Coast Bulletin - Property
Humble man-caves gain a luxury makeover
THE rise in the number of people living in Gold Coast beachside apartments has fuelled a renewed race for extra space.
Developer duo and friends Ben McArthur and Jordan Powell, spotting the gap in the market, have teamed up to provide a solution in the form of a community of luxury creative spaces, where people can store their toys or simply relax and meet with like-minded people.
Located at 51 Olden Ave, the pair who also set up development company Baja, bought the site in November for $4.875m.
The $50m project named Sanctuary will become the Gold Coast’s first community of man caves and she sheds
“When you look at the design from the exterior, it has a look and feel that makes it hard to tell if it’s residential property or a commercial operation,” Mr McArthur said
“People are craving more space in which to create and connect with people outside of the home or a traditional office, so it makes sense to blend the best of both within an industrial product.”
The architect-designed, multi-level spaces will be priced from $470,000 and range from 85sq m to 151sq m, set over three levels, including a mezzanine, connected by a lift. .
There is LED lighting throughout, with access via a front door or discrete 3m roller door suitable for larger toys and possessions.
Adam Grbcic of Kollosche Commercial is marketing the project.